Eastern Bell VC

Eastern Bell Capital is a prominent Chinese venture capital firm headquartered in Shanghai, specializing in early and growth-stage investments that leverage supply chain capabilities to enhance industry efficiency. The firm targets sectors including supply chain innovation, logistics and transportation, retail and branding, industrial technology, and enterprise services, with a strong emphasis on technology-driven solutions in logistics, B2B services, and consumer markets. Managing approximately RMB 270 billion (around US$4 billion) across six RMB funds and two USD funds, Eastern Bell Capital has established itself as one of China's leading investors in these areas, building an extensive ecosystem of resources to support portfolio companies post-investment. Founded in 2010 as Zhongding Venture Capital (formerly from Black Spade angel fund established in 2006), the firm was initiated by founding partners Yan Li (CEO), Mei Zhiming (also GLP co-founder and CEO), and others including Yin Junping and Zhu Yingchun. Yan Li, with experience in PE, investment banking, and multinational enterprises, led the pivot to supply chain-focused investments, while Mei Zhiming brought expertise from revolutionizing modern logistics at GLP, a firm managing over $120 billion in assets. This founding story reflects a commitment to long-term partnerships, ecosystem building, and values like trust, responsibility, sharing, and continuous learning, encapsulated in their motto 'Hear the bell and gather, forge the tripod as promise'. Eastern Bell Capital's portfolio features over 250 investments and 19 exits, including high-profile companies like Manbang (full truck alliance), XPeng Motors, Huolala (logistics platform), Yihoda (supply chain), Mornsun (retail), Tianyancha (enterprise data), JD Logistics, Jolii Chuang (PCB manufacturing), Xing Sheng You Xuan (community group buying), and recent successes like Breton's Hong Kong IPO. Partners bring specialized expertise: Sun Yanhua in consumer (e.g., XPeng, Xing Sheng), He Chuan in logistics and outbound (e.g., Huolala, Zhonggu Logistics), and Zhu Yingchun in industrial tech (e.g., Yihoda, Ji Li Chuang). The firm emphasizes post-investment support through entrepreneur communities, practical training programs, and ESG practices, fostering mutual growth. Recognized with awards like VCJ Global VC Top 25, PEI 300, and Preqin top performer rankings, Eastern Bell continues to raise substantial funds, such as RMB 13 billion for USD Fund II and RMB Fund VI in 2021, solidifying its influence in China's supply chain ecosystem.